Jennifer Lawrence stars in Christian Dior's new ads for its Miss Dior handbag. Fronting Miss Dior had been Mila Kunis' gig, but Lawrence was announced as the bag's next celebrity face back in October. (R.I.P. Mila Kunis' Dior contract! Long live Mila Kunis' sweatpants! And propensity for wearing same in public. Girl keeps it real.) The new Dior ads are studio-shot against a clean, white background and very much in Raf Simons' minimalist aesthetic. As for Kunis, she seems to have landed on her feet — the actress just announced a new endorsement deal with the gemstone brand Gemfields. [WWD]

Rihanna and Kate Moss
appear on two new covers of V
. Stylists only gave them one set of clothes per cover, so they had to take turns wearing it. [V
]
Daria Werbowy
, who is of Ukrainian descent but was raised in Canada, nabbed the cover of the first issue of Vogue
Ukraine. [Fashionista
]
To mark the 50th anniversary of the Elysée Treaty
, which ceremonially reconciled the nations of France and Germany after centuries of enmity, Karl Lagerfeld
made a drawing in which Marianne
is in a lesbian relationship with her German counterpart and they are raising François Hollande and Angela Merkel
as their kids. Precisely the incisive, hard-hitting brand of political commentary we've come to expect from Kaiser Karl. [WWD
]

The folks behind the trade title Nail Pro launched a consumer-focused title, Nail It!. The editor-in-chief admits that wearing super-long nails such as those recently popularized by Rihanna is "probably not" practical, but:

"I see these women, these nail artists who come out of eastern Europe, who are truly artists, and they wear their nails impossibly long, impossibly sharp, in their everyday lives. It's amazing. Somehow they've managed to type on their phones and put on tights and don't have scratches all over their faces. So it's possible, but it's about how much you want it."

Carly Rae Jepsen got a contract as the face of the new Burt's Bees brand Güd. [WWD]

Alexander Wang and Rag & Bone this season started paying their models for working their New York fashion week shows. Brands like Calvin Klein, Nicole Miller, Oscar de la Renta, Donna Karan and DKNY pay; many, including Proenza Schouler, Anna Sui, and Narciso Rodriguez, do not. Almost all brands that don't pay offer models "trade," or designer clothing in exchange for their work. [BuzzFeed]

Airplane wreckage found on a beach in Curaçao may be part of the plane that disappeared off the coast of Venezuela nearly two months ago while carrying Missoni's C.E.O., his wife, their two friends, and two members of the flight crew. [Reuters]

Macy's president Leonard Marcus took the stand in the lawsuit between Macy's and Martha Stewart over the latter's decision to sell her homewares line at J.C. Penney. Marcus said he had been "skeptical" about entering into a deal with Stewart in 2006, due to her then-recent release from prison and the fact that she retained the ultimate ownership of her brand, but the deal was struck, giving Macy's exclusive rights to sell Martha Stewart-branded homewares (with a contract that gave Macy's an automatic right of renewal). The contract did permit Stewart to sell her line via her own branded retail stores, should she decide to pursue that route. Stewart's legal team is arguing that the J.C. Penney arrangement meets that criteria because the goods are technically sold at Martha Stewart shops inside J.C. Penney stores.

"When I heard about [the Martha Stewart deal with Penney's], I was shocked, I was angered, I was ticked off," Marcus said. "The first thing that went through my mind was, ‘I cannot believe [it], this is exactly what I was afraid of when we did this contract, that we were going to do a deal and then somehow we're not going to have the exclusive rights.' I was flabbergasted."

Young French designer Maxime Simoëns sounds understandably thrilled that Louis Vuitton Moët Hennessy just made an investment of undisclosed size (but think lots of zeroes) in his namesake label. Simoëns, who retained a controlling majority stake, says that LVMH's money "won't affect my creativity, but will help develop the strategic aspect of the company across all of the departments: production, commercial, and communication ... I'll develop my vision in the same way I always have. I mostly get inspired by strong humorous personalities, cinema, music, or architecture." [The Cut]

Nordstrom's plans for 2013 include rolling out Nordstrom and Nordstrom Rack stores in Canada and getting underway on that long-planned Manhattan flagship. The company wants to double the number of Rack stores to 230 over the next four years. [WWD]

Bottega Veneta had its first year of $1 billion sales in 2012. That puts the brand in the company of companies like Louis Vuitton, Chanel, Gucci, Cartier, Hermes, Burberry, Dior, Coach, and Michael Kors. [BoF]

Abercrombie & Fitch more than tripled, year-on-year, its profit during the quarter just ended. Profits rose to $157.2 million. [WWD]

Joe's Jeans turned a $268,000 loss one year ago into a $2 million quarterly profit. [WWD]

Galeries Lafayette may also be interested in acquiring a 70% stake in competing Paris department store Printemps. Italy's Borletti Group is already in negotiations for the purchase. [WWD]

And now, a moment with Manolo Blahnik. Manolo, you recently re-watched Twin Peaks. How'd that go?

"I saw these girls like Sherilyn Fenn and Lara Flynn Boyle that should be working now instead of these anonymous girls. They're all the same. I don't even know Amanda Seyfried or whatever — they're all the same! I try to remember-the only one I remember is Julia Roberts because she's particular. Anne Hathaway . . . Pretty? Yes. Wonderful actress? Yes. But, I mean, I don't even remember her. What is it about her?"